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2017 Report on the Consumer Trends of Young People
Article

2017 Report on the Consumer Trends of Young People

199it.com, 2017

áudio gerado automaticamente
áudio gerado automaticamente

Editorial Rating

8

Qualities

  • Analytical
  • Innovative
  • Overview

Recommendation

If you would like to know what Chinese youngsters are up to, follow the money. Analyzing spending patterns and data provided by its research partners, Shenzhen-based mobile software company Suishou Technology uncovers the 2017 consumer trends of Chinese 20- to 35-year-olds. Much of the report consists of infographics, which are easy to understand but may leave some readers wishing for more details on research methods. getAbstract recommends this analysis to economists and businesspeople with interests in China.

Take-Aways

  • Recent research reveals trends in the consumer behavior of Chinese youth aged 20 to 35 years old.
  • The results disprove the stereotype that young people live paycheck to paycheck, instead showing a 3:2 ratio between monthly income and spending.
  • Young people are driving consumption growth with increased spending on entertainment, personal care, health and travel.

About the Author

Suishou Technology is a mobile finance software company. The Internet data research and analysis company 199IT released their report on its website.


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